Michael Babad’s Top Business Stories of the day

Morning Briefing: Why we’re so beholden to our banks

What a 1-percentage-point rise in mortgage rates could mean Read more

Today’s Business Headlines

Wal-Mart’s ban on Visa spreads to Manitoba

Starting on Oct. 24, Wal-Mart will stop accepting Visa in all 16 of its Manitoba stores Read more

Golf Town to be sold off to debt holders, close some stores

Ailing specialty chain has been struggling to draw in customers while battling online competition in a weak market, and will be closing stores Read more

Canada given lukewarm grade on anti-money laundering efforts

Financial Action Task Force says efforts have improved, but significant gaps leave the country open to illicit financial activities Read more

Empire Co. profit falls as challenges in Western Canada persist

Parent company of the Sobeys grocery store chain earned $65.4-million in its latest quarter compared with $108.8-million a year ago Read more

Bayer-Monsanto deal the latest merger to sweep beleaguered agri-foods sector

Bayer agrees to $128 (U.S.) per share offer; companies agree on $2-billion break-up fee Read more

Source: The Globe and Mail